$850,000
Apply for your Desjardins mortgage financing →

Quadruplex for sale

3115-3117-3119-3121, rue du Chalumeau

Sherbrooke (Fleurimont) Estrie

No. 1024550

With income
Contact the owner
Phone
819-679-5545

Are you a real estate agent?

NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.

Report a problem with the ad
7EB78A84-D672-43E6-B563-4875C3D49628 See it on the map
The steps involved in buying a property Buy
Print
Contact the owner
Phone
819-679-5545

Are you a real estate agent?

NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.

9 bedrooms
4 bathrooms
4 half baths
Lot dimensions 7 000 ft² (650.32 m²)

Owners’ comments

Automated translation

Agents abstain Very good quality and solid building, all brick. 2 x 4 1/2 1 x 3 1/2 and a 7 1/2 Owner occupying all rented. The building is very well located near all services and with quick access to the highway. Wooded part at the front across the street. There is no common air in the homes; this therefore requires very little maintenance for the owner.

Each unit has access to 2 parking lots and the 7 1/2 has 5 spaces. Very good potential. Lots of parking space. No neighbours in front of the building. Wooded. There is a renovated 4 1/2. Very good quality of tenants. 4 heat pumps

.

Current income $50,540. Agents abstain.

The price is less than 17 x the revenue. Good deal.

Complete Description
Complete Description

Property features

Asking Price
$850,000
Details
With income
Year of construction
2006
General condition
Excellent
Occupation rate
100
Certificate of Location
No
Courtyard orientation
South-West
Number of parkings
11
Lot's municipal evaluation
$78,300
Building's municipal evaluation
$426,500
Taxes year
2021
1 Bedroom
1
2 Bedroom
2
4 Bedroom and more
7
Bedrooms (total)
8

External facing:

  • Brick

Foundation:

  • Cast concrete

Roof:

  • Asphalt shingle

Floor coverings:

  • Laminate
  • Ceramic
  • Linoleum

Windows:

  • PVC

Heating source:

  • Electric
  • Radiant
  • Thermo-pump

Electric system:

  • 100 amps

Features:

  • Central air
  • Air exchanger
  • Ceiling fixtures
  • Main floor laundry
  • Walk-in closet

Kitchen:

  • Melamine wood imitation finish

Bathroom:

  • Bath and shower

Basement:

  • None

Upgrades:

  • Kitchen
  • Crown moulding
  • Floors
  • Plumbing

Garage:

  • Detached

Parking / Driveway:

  • Asphalt
  • Outside

Location:

  • Highway access
  • Near park
  • Residential area
  • Public transportation

Lot description:

  • Flat geography
  • Mature trees
  • Hedged
  • Patio/deck

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Shopping Center
  • Bar

Near Health Services:

  • Hospital
  • Dentist
  • Medical center

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school
  • High School

Near Recreational Service:

  • Gym
  • Bicycle Path

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$42.70
$512.45
Municipal taxes
$538.27
$6,459.28
Maintenance fees
$105.83
$1,270.00
Insurance
$154.58
$1,855.00
Total known costs
More info on the costs involved in buying a property

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$4,211.00
$50,532.00
Net revenue

The steps involved in buying a property

Could this property be “the one”? Here’s an overview of the steps involved in becoming the owner. These steps and the legal implications remain the same whether the property is purchased from an individual or through a broker.

1
Financing

One of the first things to do when looking for a property is to get a mortgage preapproval from a financial institution. The goal is to determine borrowing capacity, and as a result, the price range to be looking in.

2
Offer to purchase

The property suits the budget and needs? Time to submit an offer to purchase! This document sets out the price, the elements included in the sale, the possession date, the conditions of purchase and all other information relevant to the sale.

Need the form?

Documents to download

3
Conditions of purchase

The offer to purchase generally includes conditions. The most common are the property passing an inspection, the buyer providing proof of financing and the buyer selling their own property. Once the listed conditions are met, the property is considered sold.

4
Property transfer

The last step is to see a notary, who is generally chosen by the buyer. This real estate professional drafts the deed of sale and ensures that the interests of all parties involved are respected.

Once the deed of sale is notarized, the new owner gets the keys to the home. All that’s left is to move in!

More details on these steps

See our All about buying section.

$850,000
Apply for your Desjardins mortgage financing →

Quadruplex for sale

3115-3117-3119-3121, rue du Chalumeau

Sherbrooke (Fleurimont) Estrie

No. 1024550

With income
Contact the owner
Phone
819-679-5545

Are you a real estate agent?

NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.

Report a problem with the ad
7EB78A84-D672-43E6-B563-4875C3D49628 See it on the map
The steps involved in buying a property Buy
Print
Contact the owner
Phone
819-679-5545

Are you a real estate agent?

NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.

Do you want to sell commission-free, too?
Explanatory videos of our services
Free  consultation
1 866 387-7677
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